Q.17

When a company applies the partial equity method in accounting for its investment in a subsidiary and the subsidiary's equipment has a fale value greater than its book value, what consolidation worksheet entry is made to convert to full-accrual totals In a year subsequent to the initial acquisition of the subsidiary? A) Retained earnings Investment in subsidiary B) Investment in subsidiary Retained earnings c) Investment in subsidiary Equity in subsidiary'a income D) Investment in subsidiary Additional paid-in capital E) Retained earnings Additional paid-in capital Multiple Choice D above Multiple Choice D above. A above, E above C above Babove